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There Are So Many Types of Wallets In The World, How Do I Find One That is Right For Me?

Did you know there are at least 15 different types of wallets for men? Each type of wallet solves a different problem. Deciding on which type of wallet you want to use requires answering a few questions like…

Minimalist Slim Wallets

If you usually carry light, as in under 10 cards and a few dollar bills, minimalist slim wallets may be right for you…

Characteristics

Made from stainless steel, aluminum, or hard plastic

Stores cards and cash

Pros

Extremely thin, fits easily in your front pocket

Sleek designs

Promotes carrying fewer items in your wallet (instead of hoarding business cards) which puts you at less risk should it be lost or stolen

Cons

Not great for cash

Hard to get some cards out

No clear Id window

Metal slim wallets can scratch cards

No Fold Wallets

“No Fold” Wallets have all the benefits of a bifold wallet, at half the thickness.

Characteristics

Made from leather or polyester

Pockets for cards and cash

Pros

Remarkably thin, fits easily in your front pocket

Holds many cards

Large storage sleeve

Cons

Not great for cash

RFID Wallets

An RFID wallet is a wallet that blocks RFID signal. The cards in your wallet are like mini radio stations and there are hackers taking advantage of this. Many different types of wallets can be RFID wallets.

Characteristics

Has layer of RFID blocking material

Made with all types of materials

Pros

Keeps your identity safe

Available in many modern styles

Cons

Some RFID wallets are still vulnerable if a hacker can come in direct contact with the wallet

Automatic Wallet

A type of wallet with a mechanism that ejects the cards with a button to display them in an assorted manner

Characteristics

Made from stainless steel, aluminum, or hard plastic

Has button to pop out cards for easy removal

Stores cards

Pros

Ejection button makes it easy to access your cards

Extremely thin designs

Cons

Not good for cash

Limited number of space for cards (4-6)

Checkbook Wallets

A checkbook wallet is designed to hold a checkbook

Characteristics

Made from leather or polyester

Around the size of a personal checkbook

Holds cards and cash

Pros

Holds a checkbook and keeps the checks flat

Keeps bills extremely flat

Cons

Too big to fit in front pocket

In back pocket it sticks out a few inches, making you vulnerable to pickpockets

Magic Wallets

A magic wallet can only be explained through the magic of video…

Characteristics

Made from leather, hard plastic, or wood

Has unique way of storing cards

Pros

Keeps money flat

Cool to show to friends and family

Slim design fits easily in front pocket

Cons

Non-intuitive design (that’s on purpose but still a con)

Belt Wallets

A wallet that is attached to a belt. A fanny pack is one type of belt wallet

Characteristics

Made from leather or polyester

Some come with a full belt attached. Uses a simple clip buckle to latch

Pros

Great for pants with no pockets

Harder for a pick pocket to get away with

Hands free. When you need something simply unzip the pocket and pull out what you need

Cons

Some consider it goofy looking

Less low profile than wallets that fit in your pocket

Taxi Wallets

A taxi wallet is a type of wallet with lots of storage, and 2 separate pockets for bills, making it ideal if you like to keep big bills and small bills separate. It’s also great if you are carrying multiple currencies like when traveling internationally.

This video does a great job demonstrating the features of a taxi wallet

Characteristics

Made from leather or polyester

2 cash compartments, several card and coin pockets

Pros

Lots of storage without taking up much space

Fits comfortably in your front pocket

Folds bills in half so it keeps them flat

2 separate cash compartments makes for great organization

Cons

Fits in front pocket, but is a little bulky

Great for traveling, but can be a little overkill for your everyday carry

Money Clip Wallets

Money clip wallets are similar to the “no fold” wallets, but with a money clip built in

Characteristics

Pros

Cons

Most use a magnetic money clip which can be weak. Make sure to read reviews to find one with a strong magnet

Neck Wallets

A wallet with a strap to hang around your neck

Thin nylon or leather cases with plastic see-through compartments designed to hold an ID card. Usually worn around the neck, many have extra pockets for holding small items, hence they also function as wallets.

Characteristics

Made from leather or nylon or leather

Plastic see-through compartment on the front designed to hold an Id card

Pros

Lots of pockets. Great for traveling

Front facing clear Id window is convenient if you need to show your Id often

Cons

“Cut and Run” thieves will target this type of wallet. The thieves cut the neck strap to pull it loose. This type of robbery is rarer than regular pick pocketing.

Pros

Cons

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